FTSE takes a walk down Wall Street

Vodafone fell 0.37% to £1.35, despite interim underlying profits coming in at £6.24bn, compared with forecasts for about £6.1bn. Energy group and bid target Scottish Power declined 0.67% to £7.38 on rumours Spanish utility Iberdrola is considering a move for Gas Natural rather than the UK group. BSkyB also fell 2.36% to £5.37 after Deutsche Bank said the satellite broadcaster’s Rupert Murdoch guided down forecasts for next year at a meeting with analysts in Sydney. Meanwhile, Intercontinental Hotels gained 1.62% to £10.65 after it reported continuing operating profits are up 13% to...